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Business, 25.03.2021 22:20 lolorichards123

"Justice Enterprises is evaluating the purchase of a new computer network system. The new system would cost​ $24,000 and have a useful life of 5 years. At the end of the​ system's life, it would have a residual value of​ $2,000. Annual operating cost savings from the new system would be​ $8,500 per year for each of the five years of its life. Justice Enterprises has a minimum required rate of return of​ 12% on all new projects. The net present value of the new network system would be closest​ to: (Round any intermediary calculations and your final answer to the nearest​ dollar.)"

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